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4min chapter
Technology, Defense, and American-Chinese Competition
Net Assessment
The Dangers of Commercialization in the US Economy
Zachary Schmitt: There is massive innovation in the US economy in artificial intelligence, which he talks about a lot. He says businesses think that they're going to get an advantage from investing in AI. The chips bill does have a provision for excess profits being collected by the government,. But no one has commercialization pays off; it's just not US government money. Zuckerman: Are we okay with public risk private profit? Is that all right?
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